MTB Logo
Deposit

News Archive

Mutual Trust Bank PLC and Runner Motors PLC Signed MoU to Facilitate Vehicle Financing

Mutual Trust Bank PLC (MTB) and Runner Motors PLC have entered into an agreement to facilitate Auto Lease Financing for eligible customers purchasing commercial vehicles from Runner Motors PLC. The initiative aims to provide convenient and structured financing solutions to SME and Corporate customers engaged in logistics, transportation and other business activities.

The signing ceremony was held on September 20, 2026 at the MTB Sun Board Room, MTB Centre, Corporate Head Office, where Chowdhury Akhtar Asif, Additional Managing Director & CBO, Mutual Trust Bank PLC and Rajesh Kumar Yadav, Chief Financial Officer, Runner Motors PLC Signed MoU on behalf of their respective organizations.

Mohammad Mamun Faruk, Deputy Managing Director, Mutual Trust Bank PLC; Sanjib Kumar Dey, Head of SME & Agri Banking Division, Mutual Trust Bank PLC, Iftekhar Aziz, Head of SME – CRM, Mutual Trust Bank PLC along with other senior officials from MTB, also attended the signing ceremony.

Under the MoU, Runner Motors PLC will refer prospective SME and Corporate customers seeking to purchase commercial vehicles to Mutual Trust Bank PLC for consideration of Auto Lease Financing facilities. The arrangement will also facilitate financing opportunities for future EV passenger vehicles, subject to applicable eligibility criteria and regulatory requirements.

The collaboration between Mutual Trust Bank PLC and Runner Motors PLC aims to provide convenient and customer-focused financing solutions while supporting business growth and contributing to the development of Bangladesh’s automotive sector.

« Back to News